Writing my first business plan, help please!

[New2beauty]

Hi,

I think this will be the first of many related posts lol

I am writing my first business plan and I need help on everything! I'm struggling with costings at the moment I managed to work out spray tan costings but now I'm on to nails I'm lost. I'll be doing acrylic extensions and gel polish (nail harmony/gelish).
Do I need to write every last detail as a costing? Right down to cleanse/lint free wipes per client etc?

Maybe I need a break haha but any help would be greatly appreciated on any aspect of writing a business plan!

Thanks in advance guys x

 

[fluffycloudland]

Yes you need to know the exact price of every lint pad etc.

I think it's the Prince of Wales whose trust supports young people starting up in business, there's a business plan guide on the website.

 

[New2beauty]

Great x thank you for the quick reply! I've been at it for hours now think I need to have a break lol x

 

[New2beauty]

Sorry if this is a bit dim but How do I work out how much liquid (e.g. Cleanse) I use per client? X

 

[Zabulec]

You should be able to get product costs per treatment from your supplier. Try emailing gelish/nail harmony.

 

[New2beauty]

Thank you. Just been looking at sample business plans and I can't believe how complicated they are! I'm usually good with stuff like this feeling a bit disheartened today! X

 

[fluffycloudland]

It'll save you a lot of hassle later on though.

Don't forget about complaints procedures.

 

[New2beauty]

Thanks fluffycloudland, you're right it will I just need to stop rushing and take my time! X

 

[janekelleher]

I've just looked at the prince trust and it looks really helpful. It gives you tables to download as well.

Link below:

https://www.princes-trust.org.uk/help-for-young-people/tools-resources/business-tools/business-plans

Just a question for the geeks, how do you work out what to pay yourself?

 

[janekelleher]

Also how do you add sanitation of your products and things like nail files which you can use more than once? Thanks

 

[Premium Beauty Consultant]

Hi,
How are you getting on with your business plan? are things starting to progress nicely?
I guide and instruct on how to run and increase growth within a business. I offer full support with mentoring services and I'll be there to help you every step of the way. I have over 14 years within the beauty industry and I will personally tailor a business plan to the needs of your salon. I also offer my full support by not working with your direct competitor. Look forward to hearing from you.